{"id":48477,"date":"2024-06-12T14:40:32","date_gmt":"2024-06-12T13:40:32","guid":{"rendered":"https:\/\/www.innovationnewsnetwork.com\/?p=48477"},"modified":"2024-06-12T14:40:32","modified_gmt":"2024-06-12T13:40:32","slug":"ev-value-chains-in-china-benefit-from-unfair-subsidies-says-eu-commission","status":"publish","type":"post","link":"https:\/\/www.innovationnewsnetwork.com\/ev-value-chains-in-china-benefit-from-unfair-subsidies-says-eu-commission\/48477\/","title":{"rendered":"EV value chains in China benefit from unfair subsidies, says EU Commission"},"content":{"rendered":"

As part of its ongoing investigation, the European Commission has provisionally concluded that EV value chains in China benefit from unfair subsidisation, which is causing a threat of economic injury to EU battery electric vehicle (BEV) producers.<\/h2>\n

The investigation also examined the likely consequences and impact of Chinese EV value chains on importers, users and consumers of BEVs in the EU.<\/p>\n

Based on the findings, the Commission has contacted Chinese authorities to explore possible ways to resolve the issues identified in a WTO-compatible manner.<\/p>\n

How will unfair subsidies be addressed?<\/h3>\n

The Commission has pre-disclosed the level of provisional countervailing duties it would impose on imports of battery electric vehicles<\/a> from China.<\/p>\n

Should discussions with Chinese authorities not lead to an effective solution, these provisional countervailing duties would be introduced from 4 July by a guarantee (in the form to be decided by customs in each Member State).<\/p>\n

The individual duties the Commission would apply to the three sampled Chinese producers would be:<\/p>\n